3-Part Online Briefing
Session 1: Tuesday, 13 June 10am to 11.15am
Lessons from the Past 15 Years: Interpreting Current Market ‘Stats’
Understanding the Context: the Economic Story behind the Growth
- Looking at previous economic cycles and how they have impacted the industrial sector in the UK
- Technological change and how this has driven shifts in consumer behaviour resulting in strategic shifts in the UK commercial property sector
Drivers of Demand: Trends in Occupier and Investment Thinking
- The surge in demand for space in the industrial sector
- How this surge in demand impacted property fundamentals such as capital values, rents and supply of stock
The Future Outlook for the Sector
- With the current economic backdrop, what is the impact on the sector expected to be?
- How long will these current economic conditions continue and when is a recovery expected to start?
- Industrial has arguably been one of the hardest hit sectors within the investment market – will values rise to the previous record levels we witnessed in 2021 or has the market corrected?
Chair: Lesley Males, Director, Innovation & Insight, Avison Young
Presenters & Panellists:
James Roberts, Insight Director, Avison Young
Max Andrews, Surveyor, Industrial & Logistics, Avison Young
Mat Rogers, Associate Director, Avison Young
Session 2: Tuesday, 20 June 10am to 11.15am
Growth Sectors Driving Current and Future Demand for Space. Includes:
Urban Logistics
- Online retail sales are forecast to reach over 30% of all retail sales within the next 5 years resulting in a requirement for more urban logistics space. How are occupiers addressing space shortages within the industrial sector to accommodate this growth? What locations will see highest demand for urban logistics space? Does the recent change in EPC legislation provide an opportunity for investors to acquire non-compliant stock to retrofit into compliant urban logistics centres?
Technology-Driven Sectors
- Looking into the potential growth of gigafactories which will be required to support the future of the UK’s car manufacturing industry and its move to the electrification of vehicles ahead of future government legislation
- Will there be an increase in the amount of datacentres due to the predicted increase in data usage? How will infrastructure cope with this increase, given the huge amount of energy these facilities require? What innovative solutions are being used to address access to power? Are there regional growth spots for datacentres?
Manufacturing
- Examining the future of the UK manufacturing sector and exploring areas of growth
- How nearshoring is increasing in light of the supply chain disruption during the pandemic
Vertical Farming
- Will this be a sector of significant growth and will they help with the security of future food chains? What are the benefits and challenges of vertical farms?
Open Storage
- Analysis of the UK’s open storage market, which is a growing sector both in the UK and in the US. What is the future of this sector and does it help address some of the supply challenges the UK industrial sector faces?
Chair: Lesley Males, Director, Innovation & Insight, Avison Young
Presenters & Panellists:
Chris Proctor, Associate Director – National Industrial & Distribution Team, Avison Young
Lewis Rapley, Senior Analyst, Innovation & Insight, Avison Young
Chris Hobday, Associate Director, Avison Young
Session 3: Tuesday, 27 June 10am to 11.15am
The Current and Future Impact of ESG on Rental and Capital Values: its Growth in Importance for Landlords, Funders and Occupiers. Includes:
- An introduction to ESG and its impact on real estate
- The state of the market, key drivers and key trends in how the industrial sector is responding to ESG initiatives
- Certifications and compliance – what is in place? What is set to come in? When and how to act?
- Case studies on industrial property – sustainable developments, refits and refurbishment
Chair: Tom Malcom Green, Associate Director, ESG EMEA, Avison Young
Presenters & Panellists:
Dan O’Sullivan, Associate Surveyor, Industrial & Distribution & Capital Markets, Avison Young
Saffron Harding, Surveyor, Industrial & Distribution, Avison Young
Stuart Powlesland, Director, Lease Consultancy, Avison Young